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Caesar,a Single Taxpayer,has Wage Income of $75,000

Question 59

Multiple Choice

Caesar,a single taxpayer,has wage income of $75,000.He also has a short-term capital loss of $5,000,a short-term capital gain of $2,000,and a long-term capital gain of $3,000.What is Caesar's AGI for 2016?


A) $75,000.
B) $78,000.
C) $77,000.
D) $72,000.

Correct Answer:

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